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How to BUILD a customised retail
category for your pharmacy
Robert Sztar & Hilary Kahn
Managing Director, Pharmactive Director, Frontline Strategies
MONTHLY MASTERCLASS
WHO IS
Hilary
Kahn
Copyright	
  Pharmac/ve	
  2015	
  
Today’s Lunch Agenda
•  Define the niche
•  Design the niche – what the customer wants and
needs
•  Common challenges
•  Getting it to work in store
•  Getting Started
Why should I be thinking creating a
customised retail category?
Operational
Efficiency
Patient
Centric
Smart
Technology
Hilary KAHN
Copyright	
  Pharmac/ve	
  2015	
  
Why have a
customised
category at all?
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
The	
  Purpose	
  
1.  A real point of differentiation
–  Dominant health category
–  Easier to shop
–  More interesting, better advice
–  Passionate customer-engaging team
2.  Get closer to the customer and the community
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
The	
  Health	
  Customer	
  Value	
  ProposiUon	
  
1.  What will we recommend to enable the customer to
manage the condition more effectively?
2.  What can we offer to get better faster?
3.  It’s a total store project – everyone gets involved
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
Pain? Healthy GutPain	
  Centre	
   Healthy	
  Gut	
   BeVer	
  Bladder	
  
Many	
  	
  Big	
  Health	
  OpportuniUes	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
1. Defining the niche
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
1.	
  Define	
  the	
  niche	
  -­‐	
  Get	
  started	
  now!	
  
1.  Demographic	
  -­‐	
  exisUng	
  and	
  growth	
  
2.  Visit	
  compeUUon	
  
3.  Review	
  exisUng	
  niches	
  
4.  	
  Analyse	
  your	
  scripts	
  
5.  Ask	
  ‘what	
  if’?	
  
–  More	
  skills,	
  more	
  passion,	
  more	
  markeUng,	
  more	
  range,	
  more	
  services,	
  more	
  
space,	
  beVer	
  merchandising	
  =	
  more	
  commercial?	
  
6.  Do	
  you	
  want	
  to	
  do	
  it?	
  
	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
InconUnence	
  -­‐	
  The	
  Facts	
  
1.  4.8M	
  Aussies	
  suffers	
  from	
  InconUnence	
  (960	
  per	
  Rx/5000)	
  
2.  More	
  than	
  70%	
  of	
  these	
  are	
  women	
  
3.  70%	
  do	
  not	
  seek	
  any	
  help	
  for	
  their	
  condiUon	
  
4.  65%	
  of	
  women	
  in	
  Dr	
  waiUng	
  room	
  are	
  inconUnent	
  
5.  30%	
  of	
  men	
  in	
  Dr	
  waiUng	
  room	
  are	
  inconUnent	
  
2. Design the niche -
what the customer
wants and needs!
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
First become the
customer and identify
his/her major issues
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
80% approach
Most people
most of the time
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
PreventionMobilityPain
OUTCOME
OsteoArthritis
Medicines
Creams
Exercises
Heat & cold packs
Rubs
Exercises
Aids
Fish Oil
Glucosamine
Foods
Exercises
MORE	
  MOBILE	
  
JOINTS	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
Stress	
  InconUnence	
  	
  
•  Who	
  is	
  affected?	
  
•  What	
  is	
  the	
  actual	
  problem/s?	
  
– Can	
  they	
  do	
  anything	
  about	
  the	
  problem?	
  
– PrevenUon?	
  
– Day	
  by	
  day?	
  
– Ongoing?	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
Show	
  and	
  tell!	
  
High	
  impact	
  and	
  visibility	
  
Anonymity	
  +	
  easy	
  access	
  
Enough	
  space	
  to	
  shop	
  
1.  Can	
  (not	
  should)	
  they	
  buy	
  
without	
  intervenUon?	
  
2.  Is	
  it	
  easy	
  to	
  buy	
  if	
  they	
  
wish?	
  
3	
  key	
  ‘must	
  do’s’	
  
Get	
  to	
  Customers	
  and	
  the	
  community	
  
1.  How	
  will	
  customers/	
  community	
  know	
  you	
  have	
  this	
  niche?	
  
2.  What	
  will	
  get	
  their	
  aVenUon?	
  
High	
  Impact	
  In	
  the	
  pharmacy	
  
1.  How	
  will	
  customers	
  want	
  to	
  buy?	
  
2.  How	
  should	
  you	
  approach	
  customer	
  engagement?	
  
Ensure	
  revisit	
  
1.  Why	
  will	
  they	
  revisit?	
  
2.  Ways	
  of	
  ensuring	
  revisit	
  
3.  What	
  are	
  your	
  best	
  opUons?	
  
	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
HP	
  
Hospital	
  
HP	
  
Physio	
  
Rx	
  
HP	
  
GP	
  
C	
  
C	
  
C	
  
Events,	
  a	
  key	
  iniUaUve	
  for	
  exposure	
  to	
  
new	
  customers.	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
HP	
  
Mother’s
,	
  Gyms	
  
CREATING	
  EVENTS,	
  PODCASTS	
  
Social Media & Technology
Embrace	
  services	
  in	
  the	
  pharmacy	
  
In	
  the	
  pharmacy	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
ConUnence	
  Adjacencies	
  
ConUnence	
   	
  
	
  
Diabetes	
  
Sleep	
  Apnea	
  
Baby,	
  weight	
   Counsel	
  area	
  
Nurse,	
  high	
  
skill	
  
Bladder	
  
Control	
  
	
  
	
  
ACTIVITIES	
  HIGHLIGHTING	
  PRODUCT	
  OR	
  SERVICE	
  
Anonymous	
  
purchase	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
Ask us for help!
You can manage
Bladder
Leakage
Category	
  SoluUon	
  Merchandising	
  
Poster	
  
Staff	
  Badge	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
Ask for our help.
Contact: Continence Foundation of Australia
1800 33 00 66
www.continence.org.au
Find a pelvic floor
physiotherapist
Better
Bladder Control
Guidelines to managing and treating
pelvic dysfunction.
General Guidelines
Pelvic dysfunction can be managed, treated and often cured!
1Strengthen your pelvic floor
Use our recommended materials to show you how.
• Build strength, control and support in pelvic floor muscles
• Improve bladder and bowel control and prolapse support
• Prepare for recovery from pregnancy
• Improve sexual sensation
2Don’t get caught unprepared
How long will you be out?
Take odour neutralising products, creams and a change
of clothes as precaution?
Know where the closest toilets are.
Check fluid intake?
3Use pelvic floor strengtheners
Pelvic floor muscles (especially the sphincter) weaken
for many reasons. As they weaken, the problem gets
worse. Some sufferers struggle to feel their pelvic floor
muscles.
Up to 80% of sufferers are helped by combining
their daily exercises with the use of vaginal weights to
further strengthen, tone and support the pelvic floor.
4Treat constipation and
urinary infection
Avoid further stretching and straining of the
pelvic floor by managing constipation and
urinary infections. Burning? Pain? Difficulty
or frequent urination? Visit your GP for
diagnosis and treatment.
5 Increase fibre intake
Have more fibre, mainly from daily doses of
fruit, vegetables, legumes, seeds, nuts. If
adding fibre, do so gradually and
simultaneously increase water consumption
to avoid blockage!
6Achieve a healthy weight
Extra weight puts further strain on the pelvic floor,
often worsening the condition. The pharmacy can
assist with a tailored weight loss program.
Lifestyle Remedies
1 Manage fluid intake.
Drink slowly and only when thirsty. No more than 2 litres daily. Drink water,
rather than alcohol, caffeine or fizzy drinks.
2 Eat a healthy diet with more fibre.
Eat more fibre (2 servings fruit, 5 servings vegetables, 5 servings bread
and cereals + more legumes, seeds, nuts) to add bulk to stools.
3 Achieve Healthy Weight.
Extra weight puts further strain on the pelvic floor, often worsening the
condition. The pharmacy can assist with a tailored weight loss program.
4 Stop Smoking.
Chronic (long-term) coughing associated with smoking can weaken the
muscles of your pelvic floor and lead to bladder and bowel control
problems.
5 Practice good toilet habits.
Only go to the toilet when you need to. When sitting on the toilet fully
relax pelvic floor and sphincter muscles (don’t hold breath or strain).
Walk, don’t run to the toilet. Breathe normally.Stretching the pelvic
floor will weaken it. Treat all infections immediately.
Understand  
the symptoms
We have a range of products to help protect, soothe, sanitise and make
people feel more comfortable. Visit the ‘Better Bladder Control’ section.
There are several different types of incontinence:
Stress Incontinence is the loss of urine when pressure is exerted on the
bladder by coughing, sneezing, laughing, exercising or lifting something
heavy. This could result from pregnancy, childbirth, menopause or
removal of the prostate gland.The pharmacy can assist with the treatment
and management of Stress Incontinence.
Other types of incontinence can be managed and treated surgically.
Urgency Incontinence presents a sudden, intense urge to urinate
followed by involuntary loss of urine with only a few seconds warning.
May result in over-frequent urination. See your doctor to determine cause
and solutions.
Overflow Incontinence – Frequently or constantly dribble urine. May be
result of inability to fully empty bladder or produce only a weak stream of
urine. See your doctor to determine cause and solutions.
Functional or Total Incontinence – often in older people who forget or
can’t get to a toilet on time.
Some exercises, pilates and yoga make incontinence worse. Find out
what you can and can't do from a specialist. Pelvic floor and Women’s
Health physiotherapists specialise in the treatment of pelvic floor
problems using specific exercises in concert with other treatments.
These treatments may include bowel. Ask your pharmacy for a referral
to a physiotherapist who can help.
Ask for our help.
Ask for our help.
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
The	
  customer	
  engagement	
  offer	
  
Ensuring	
  revisit	
  
Services	
  
3. Common challenges
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  ©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
1.  My	
  pharmacy	
  is	
  too	
  small	
  to	
  give	
  the	
  space	
  or	
  
2.  I	
  just	
  don’t	
  have	
  enough	
  space	
  
3.  I’m	
  in	
  a	
  brand	
  –	
  they	
  wouldn’t	
  let	
  me	
  do	
  this	
  
Overcoming	
  some	
  BIG	
  issues	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
You have to make
the space – 1.2- 1.8m!
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
Don’t	
  squeeze	
  into	
  available	
  space	
  
Space	
  PrioriUes	
  
1.  Start	
  by	
  clearing	
  slow,	
  aging,	
  dead	
  stock	
  
2.  Make	
  the	
  space	
  you	
  have	
  stand	
  for	
  ‘health’	
  
3.  Make	
  your	
  space	
  profitable	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
4. Getting
it to work
for you!
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
7	
  Ingredients	
  
1.  Commit	
  +	
  passion	
  from	
  the	
  top	
  
2.  High	
  impact	
  merchandising	
  
3.  Team	
  training	
  and	
  specialisaUon	
  
4.  Ongoing	
  markeUng	
  (community)	
  focus	
  
–  Bring	
  customers	
  to	
  you	
  
–  Take	
  the	
  category	
  to	
  the	
  customers	
  
5.  Get	
  a	
  health	
  network	
  working	
  with	
  you	
  
6.  ROI	
  =	
  focus	
  on	
  targets	
  
7.  Prepare	
  to	
  put	
  effort	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
SeJng	
  Targets	
  for	
  the	
  InconUnence	
  Category	
  
Annual	
  turnover	
  requirement	
  =	
  $130,000	
  (current	
  $30,000)	
  
Typical	
  soluUon	
  average	
  sale	
  =	
  	
  $30	
  +	
  	
  (current	
  $11)	
  	
  	
  
Customers	
  needed	
  per	
  day	
  =	
  12.27	
  pd	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
Turnover	
  $90,000	
  
AS	
  $30	
  
Tx	
  	
  =	
  57.69	
  pw/9.6	
  pd	
  (6	
  days)	
  
Revisiting and getting closer to the community
Rx CUSTOMER ENGAGES
WITH A STRONG
INTERESTING CATEGORY
AND TRAINED STAFF.
CUSTOMER ARRIVES
TO FILL A SCRIPT.
CUSTOMERS ENGAGE
WITH INSTORE AND
COMMUNITY BASED
ACTIVITIES & EVENTS.
CUSTOMER IS
MONITORED AND
INVITED TO RETURN.
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
Management can’t do it in isolation
© Copyright Frontline Performance Holdings – www.tictoctimetoshop.com
Swimming in the same direction
© Copyright Frontline Performance Holdings – www.tictoctimetoshop.com
Summary	
  
Step	
  1:	
  	
  Study	
  your	
  customers,	
  the	
  market,	
  	
  $	
  potenUal	
  
Step	
  2:	
  Use	
  the	
  80%	
  issues	
  approach	
  to	
  determine	
  category	
  elements	
  	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  •	
  Don’t	
  forget	
  how	
  customers	
  want	
  to	
  buy	
  and	
  how	
  you	
  sell	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  •	
  Don’t	
  forget	
  the	
  dispensary	
  
Step	
  3:	
  	
  There	
  will	
  be	
  challenges	
  	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  •	
  In	
  space,	
  and	
  with	
  the	
  brand	
  planners	
  –	
  sort	
  both	
  out	
  
Step	
  4:	
  Commit	
  	
  
Step	
  5:	
  Set	
  category	
  targets	
  
©	
  Copyright	
  Frontline	
  Strategies	
  2015	
  
Transpharmation Masterclass: Build your Customised Pharmacy Retail Category
Transpharmation Masterclass: Build your Customised Pharmacy Retail Category
Transpharmation Masterclass: Build your Customised Pharmacy Retail Category

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Transpharmation Masterclass: Build your Customised Pharmacy Retail Category

  • 1. How to BUILD a customised retail category for your pharmacy Robert Sztar & Hilary Kahn Managing Director, Pharmactive Director, Frontline Strategies MONTHLY MASTERCLASS
  • 2.
  • 4.
  • 5.
  • 6. Today’s Lunch Agenda •  Define the niche •  Design the niche – what the customer wants and needs •  Common challenges •  Getting it to work in store •  Getting Started
  • 7.
  • 8. Why should I be thinking creating a customised retail category? Operational Efficiency Patient Centric Smart Technology
  • 10. Why have a customised category at all? ©  Copyright  Frontline  Strategies  2015  
  • 11. The  Purpose   1.  A real point of differentiation –  Dominant health category –  Easier to shop –  More interesting, better advice –  Passionate customer-engaging team 2.  Get closer to the customer and the community ©  Copyright  Frontline  Strategies  2015  
  • 12. The  Health  Customer  Value  ProposiUon   1.  What will we recommend to enable the customer to manage the condition more effectively? 2.  What can we offer to get better faster? 3.  It’s a total store project – everyone gets involved ©  Copyright  Frontline  Strategies  2015  
  • 13. Pain? Healthy GutPain  Centre   Healthy  Gut   BeVer  Bladder   Many    Big  Health  OpportuniUes   ©  Copyright  Frontline  Strategies  2015  
  • 14. 1. Defining the niche ©  Copyright  Frontline  Strategies  2015  
  • 15. 1.  Define  the  niche  -­‐  Get  started  now!   1.  Demographic  -­‐  exisUng  and  growth   2.  Visit  compeUUon   3.  Review  exisUng  niches   4.   Analyse  your  scripts   5.  Ask  ‘what  if’?   –  More  skills,  more  passion,  more  markeUng,  more  range,  more  services,  more   space,  beVer  merchandising  =  more  commercial?   6.  Do  you  want  to  do  it?     ©  Copyright  Frontline  Strategies  2015  
  • 16. InconUnence  -­‐  The  Facts   1.  4.8M  Aussies  suffers  from  InconUnence  (960  per  Rx/5000)   2.  More  than  70%  of  these  are  women   3.  70%  do  not  seek  any  help  for  their  condiUon   4.  65%  of  women  in  Dr  waiUng  room  are  inconUnent   5.  30%  of  men  in  Dr  waiUng  room  are  inconUnent  
  • 17.
  • 18. 2. Design the niche - what the customer wants and needs! ©  Copyright  Frontline  Strategies  2015  
  • 19. First become the customer and identify his/her major issues ©  Copyright  Frontline  Strategies  2015  
  • 20. 80% approach Most people most of the time ©  Copyright  Frontline  Strategies  2015  
  • 21. PreventionMobilityPain OUTCOME OsteoArthritis Medicines Creams Exercises Heat & cold packs Rubs Exercises Aids Fish Oil Glucosamine Foods Exercises MORE  MOBILE   JOINTS   ©  Copyright  Frontline  Strategies  2015  
  • 22. Stress  InconUnence     •  Who  is  affected?   •  What  is  the  actual  problem/s?   – Can  they  do  anything  about  the  problem?   – PrevenUon?   – Day  by  day?   – Ongoing?   ©  Copyright  Frontline  Strategies  2015  
  • 23. Show  and  tell!   High  impact  and  visibility   Anonymity  +  easy  access   Enough  space  to  shop   1.  Can  (not  should)  they  buy   without  intervenUon?   2.  Is  it  easy  to  buy  if  they   wish?  
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29.
  • 30.
  • 31. 3  key  ‘must  do’s’   Get  to  Customers  and  the  community   1.  How  will  customers/  community  know  you  have  this  niche?   2.  What  will  get  their  aVenUon?   High  Impact  In  the  pharmacy   1.  How  will  customers  want  to  buy?   2.  How  should  you  approach  customer  engagement?   Ensure  revisit   1.  Why  will  they  revisit?   2.  Ways  of  ensuring  revisit   3.  What  are  your  best  opUons?     ©  Copyright  Frontline  Strategies  2015  
  • 32. HP   Hospital   HP   Physio   Rx   HP   GP   C   C   C   Events,  a  key  iniUaUve  for  exposure  to   new  customers.   ©  Copyright  Frontline  Strategies  2015   HP   Mother’s ,  Gyms  
  • 34. Social Media & Technology
  • 35. Embrace  services  in  the  pharmacy  
  • 36. In  the  pharmacy   ©  Copyright  Frontline  Strategies  2015  
  • 37. ConUnence  Adjacencies   ConUnence       Diabetes   Sleep  Apnea   Baby,  weight   Counsel  area   Nurse,  high   skill   Bladder   Control       ACTIVITIES  HIGHLIGHTING  PRODUCT  OR  SERVICE   Anonymous   purchase   ©  Copyright  Frontline  Strategies  2015  
  • 38. Ask us for help! You can manage Bladder Leakage Category  SoluUon  Merchandising   Poster   Staff  Badge   ©  Copyright  Frontline  Strategies  2015  
  • 39. Ask for our help. Contact: Continence Foundation of Australia 1800 33 00 66 www.continence.org.au Find a pelvic floor physiotherapist Better Bladder Control Guidelines to managing and treating pelvic dysfunction. General Guidelines Pelvic dysfunction can be managed, treated and often cured! 1Strengthen your pelvic floor Use our recommended materials to show you how. • Build strength, control and support in pelvic floor muscles • Improve bladder and bowel control and prolapse support • Prepare for recovery from pregnancy • Improve sexual sensation 2Don’t get caught unprepared How long will you be out? Take odour neutralising products, creams and a change of clothes as precaution? Know where the closest toilets are. Check fluid intake? 3Use pelvic floor strengtheners Pelvic floor muscles (especially the sphincter) weaken for many reasons. As they weaken, the problem gets worse. Some sufferers struggle to feel their pelvic floor muscles. Up to 80% of sufferers are helped by combining their daily exercises with the use of vaginal weights to further strengthen, tone and support the pelvic floor. 4Treat constipation and urinary infection Avoid further stretching and straining of the pelvic floor by managing constipation and urinary infections. Burning? Pain? Difficulty or frequent urination? Visit your GP for diagnosis and treatment. 5 Increase fibre intake Have more fibre, mainly from daily doses of fruit, vegetables, legumes, seeds, nuts. If adding fibre, do so gradually and simultaneously increase water consumption to avoid blockage! 6Achieve a healthy weight Extra weight puts further strain on the pelvic floor, often worsening the condition. The pharmacy can assist with a tailored weight loss program. Lifestyle Remedies 1 Manage fluid intake. Drink slowly and only when thirsty. No more than 2 litres daily. Drink water, rather than alcohol, caffeine or fizzy drinks. 2 Eat a healthy diet with more fibre. Eat more fibre (2 servings fruit, 5 servings vegetables, 5 servings bread and cereals + more legumes, seeds, nuts) to add bulk to stools. 3 Achieve Healthy Weight. Extra weight puts further strain on the pelvic floor, often worsening the condition. The pharmacy can assist with a tailored weight loss program. 4 Stop Smoking. Chronic (long-term) coughing associated with smoking can weaken the muscles of your pelvic floor and lead to bladder and bowel control problems. 5 Practice good toilet habits. Only go to the toilet when you need to. When sitting on the toilet fully relax pelvic floor and sphincter muscles (don’t hold breath or strain). Walk, don’t run to the toilet. Breathe normally.Stretching the pelvic floor will weaken it. Treat all infections immediately. Understand   the symptoms We have a range of products to help protect, soothe, sanitise and make people feel more comfortable. Visit the ‘Better Bladder Control’ section. There are several different types of incontinence: Stress Incontinence is the loss of urine when pressure is exerted on the bladder by coughing, sneezing, laughing, exercising or lifting something heavy. This could result from pregnancy, childbirth, menopause or removal of the prostate gland.The pharmacy can assist with the treatment and management of Stress Incontinence. Other types of incontinence can be managed and treated surgically. Urgency Incontinence presents a sudden, intense urge to urinate followed by involuntary loss of urine with only a few seconds warning. May result in over-frequent urination. See your doctor to determine cause and solutions. Overflow Incontinence – Frequently or constantly dribble urine. May be result of inability to fully empty bladder or produce only a weak stream of urine. See your doctor to determine cause and solutions. Functional or Total Incontinence – often in older people who forget or can’t get to a toilet on time. Some exercises, pilates and yoga make incontinence worse. Find out what you can and can't do from a specialist. Pelvic floor and Women’s Health physiotherapists specialise in the treatment of pelvic floor problems using specific exercises in concert with other treatments. These treatments may include bowel. Ask your pharmacy for a referral to a physiotherapist who can help. Ask for our help. Ask for our help. ©  Copyright  Frontline  Strategies  2015   The  customer  engagement  offer  
  • 41. 3. Common challenges ©  Copyright  Frontline  Strategies  2015  ©  Copyright  Frontline  Strategies  2015  
  • 42. 1.  My  pharmacy  is  too  small  to  give  the  space  or   2.  I  just  don’t  have  enough  space   3.  I’m  in  a  brand  –  they  wouldn’t  let  me  do  this   Overcoming  some  BIG  issues   ©  Copyright  Frontline  Strategies  2015  
  • 43.
  • 44. You have to make the space – 1.2- 1.8m! ©  Copyright  Frontline  Strategies  2015  
  • 45. ©  Copyright  Frontline  Strategies  2015  
  • 46. Don’t  squeeze  into  available  space  
  • 47. Space  PrioriUes   1.  Start  by  clearing  slow,  aging,  dead  stock   2.  Make  the  space  you  have  stand  for  ‘health’   3.  Make  your  space  profitable  
  • 48. ©  Copyright  Frontline  Strategies  2015  
  • 49. 4. Getting it to work for you! ©  Copyright  Frontline  Strategies  2015  
  • 50. 7  Ingredients   1.  Commit  +  passion  from  the  top   2.  High  impact  merchandising   3.  Team  training  and  specialisaUon   4.  Ongoing  markeUng  (community)  focus   –  Bring  customers  to  you   –  Take  the  category  to  the  customers   5.  Get  a  health  network  working  with  you   6.  ROI  =  focus  on  targets   7.  Prepare  to  put  effort   ©  Copyright  Frontline  Strategies  2015  
  • 51. SeJng  Targets  for  the  InconUnence  Category   Annual  turnover  requirement  =  $130,000  (current  $30,000)   Typical  soluUon  average  sale  =    $30  +    (current  $11)       Customers  needed  per  day  =  12.27  pd   ©  Copyright  Frontline  Strategies  2015   Turnover  $90,000   AS  $30   Tx    =  57.69  pw/9.6  pd  (6  days)  
  • 52. Revisiting and getting closer to the community Rx CUSTOMER ENGAGES WITH A STRONG INTERESTING CATEGORY AND TRAINED STAFF. CUSTOMER ARRIVES TO FILL A SCRIPT. CUSTOMERS ENGAGE WITH INSTORE AND COMMUNITY BASED ACTIVITIES & EVENTS. CUSTOMER IS MONITORED AND INVITED TO RETURN. ©  Copyright  Frontline  Strategies  2015  
  • 53. Management can’t do it in isolation © Copyright Frontline Performance Holdings – www.tictoctimetoshop.com
  • 54. Swimming in the same direction © Copyright Frontline Performance Holdings – www.tictoctimetoshop.com
  • 55. Summary   Step  1:    Study  your  customers,  the  market,    $  potenUal   Step  2:  Use  the  80%  issues  approach  to  determine  category  elements                      •  Don’t  forget  how  customers  want  to  buy  and  how  you  sell                    •  Don’t  forget  the  dispensary   Step  3:    There  will  be  challenges                      •  In  space,  and  with  the  brand  planners  –  sort  both  out   Step  4:  Commit     Step  5:  Set  category  targets   ©  Copyright  Frontline  Strategies  2015